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Posted: November 29th, 2017
Question description
Image your small business that produces very small remote
control aircraft capable of long sustained flights. You are ready to expand
your business by competing for Department of Defense (DoD) contracts. You
already have added one (1) contract with the DoD worth over $600,000 to your
expanding company and are now ready to venture into contracting for the Department
of Homeland Security and other federal agencies.
Write a six to eight (6-8) page paper in which you:
·
Compare and contrast fixed-price contracts and
cost-reimbursement contracts in terms of the benefits and drawbacks of each for
your business.
·
Analyze at least three (3) opportunities your
small business will have compared to large businesses in general.
·
Discuss which element(s) of cost-reimbursement
contracts tend to produce the biggest troubles for your small business. Provide
a rationale for your choice(s).
·
Determine which form of contracting would
benefit your business the most among all the forms of contracting described in
Chapter 16. Support your response.
·
Choose the most significant form of contracting
that would support large companies (e.g., Boeing) among all the forms of
contracting described in Chapter 16. Support your response.
·
Develop a plan on how your company would justify
the government to award your company the contract when the form of this
contracting supports larger companies.
·
Use at least three (3) quality academic
resources in this assignment. Note: Wikipedia and other Websites do not qualify
as academic resources.
Your assignment must follow these formatting requirements:
·
Be typed, double spaced, using Times New Roman
font (size 12), with one-inch margins on all sides; citations and references
must follow APA or school-specific format. Check with your professor for any
additional instructions.
·
Include a cover page containing the title of the
assignment, the student’s name, the professor’s name, the course title, and the
date. The cover page and the reference page are not included in the required
assignment page length.
The specific course learning outcomes associated with this assignment are:
·
Compare and contrast fixed-price contracts and
cost-reimbursement contracts.
·
Examine other contract types commonly used in
federal contracting.
·
Use technology and information resources to
research issues in contract administration and management.
·
Write clearly and concisely about contract
administration and management using proper writing mechanics.
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